Showing 1 - 10 of 19
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011444082
for elderly workers in Austria. The REBP extended entitlement to regular unemployment benefits from 30 weeks to a maximum …-experimental situation from which a lot can be learned about the impact of unemployment insurance rules on the dynamics of employment …, unemployment, and wages. We find that the REBP led to a tremendous increase in unemployment, which was due to both an increase in …
Persistent link: https://www.econbiz.de/10011409442
Employment Agency did not contribute to the decline in unemployment in Germany. By contrast, improved activation of unemployed … restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment … workers reduced unemployed by 0.8 percentage points. Through the lens of an aggregate matching function, more activation is …
Persistent link: https://www.econbiz.de/10014247120
Persistent link: https://www.econbiz.de/10014424488
generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform … decline in the replacement rate for long-term unemployed. We find that Hartz IV was a major driver for the decline of Germany …’s steady state unemployment and that partial and equilibrium effect were nearly of equal importance. In addition, we provide …
Persistent link: https://www.econbiz.de/10012485370
This paper characterizes efficient labor-market allocations in a labor selection model. The model's crucial aspect is cross-sectional heterogeneity for new job contacts, which leads to an endogenous selection threshold for new hires. With cross-sectional dispersion calibrated to microeconomic...
Persistent link: https://www.econbiz.de/10011306109
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010371904
costs due to changes in the unemployment insurance system and costs due to behavioral responses of unemployed workers …This paper studies how changes in the two key parameters of unemployment insurance the benefit replacement rate (RR …) and the potential duration of benefits (PBD) affect the duration of unemployment. In 1989, the Austrian government made …
Persistent link: https://www.econbiz.de/10002521700
relation between matches on the one hand and unemployment and vacancies on the other hand can be the result of different …
Persistent link: https://www.econbiz.de/10011482505
In the Great Recession most OECD countries used short-time work (publicly subsidized working time reductions) to … counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important …
Persistent link: https://www.econbiz.de/10010249718